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Distributed Ledger Technologies in Supply Chain Security Management: A Comprehensive Survey

Authors :
Carsten Maple
Mary Asante
Mirko Bottarelli
Kayhan Zrar Ghafoor
Gregory Epiphaniou
Haider Al-Khateeb
Source :
IEEE Transactions on Engineering Management. 70:713-739
Publication Year :
2023
Publisher :
Institute of Electrical and Electronics Engineers (IEEE), 2023.

Abstract

Supply-chains (SC) present performance bottlenecks that contribute to a high level of costs, infiltration of product quality, and impact productivity. Examples of such inhibitors include the bullwhip effect, new product lines, high inventory, and restrictive data flows. These bottlenecks can force manufacturers to source more raw materials and increase production significantly. Also, restrictive data flow in a complex global SC network generally slows down the movement of goods and services. The use of Distributed Ledger Technologies (DLT) in supply chain management (SCM) demonstrates the potentials to to reduce these bottlenecks through transparency, decentralization, and optimizations in data management. These technologies promise to enhance the trustworthiness of entities within the supply chain, ensure the accuracy of data-driven operations, and enable existing SCM processes to migrate from a linear to a fully circular economy. This paper presents a comprehensive review of 111 articles published in the public domain in the use and efficacy of DLT in SC. It acts as a roadmap for current and future researchers who focus on SC Security Management to better understand the integration of digital technologies such as DLT. We clustered these articles using standard descriptors linked to trustworthiness, namely, immutability, transparency, traceability, and integrity.

Details

ISSN :
15580040 and 00189391
Volume :
70
Database :
OpenAIRE
Journal :
IEEE Transactions on Engineering Management
Accession number :
edsair.doi.dedup.....d9c4373c12678f58dc18ed572c220105
Full Text :
https://doi.org/10.1109/tem.2021.3053655